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    Weinstein Trading and Fading

    No two ways about it. I hated the trade almost right after I saw an errror in it. BUT the chart looks so overbought I felt it was the best thing to do to ride out the storm. Monday will either show it was right or I will dump it and take the hit. barring a gap up I will at least walk away...
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    How I stopped making the same mistakes in 2010 and started to make more money

    I only caught a sound bite while listening to CNBC on the radio while driving but I think they said that a manager at McDees makes over a 100K a year.......... May or may not be true, but I dive by a McD on my way to and from work daily and in the AM there is either an Escalade or a Vette...
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    Weinstein Trading and Fading

    Today started out well and then I was beat up Faded VTIV and was my best trade of the month. nice gap up trade but I did enter in early and Will be adjusting to not have that happen in future trades. + 1134 What I thought was going to be a great trade ended up chewing me to pieces all day...
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    Student seeking Mentor

    Hi, I would suggest a few things that I think may help. I would shut down the etrade account. really no need for it at this time. Firstly a new trader with $100 that needs to turn it into $500 would have better odds taking a trip to reno and betting it all on blackjack three times in a...
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    Sincerely asking for Help

    I don't know jack about Jack. Other than sending him a PM about vets having PTSD that asked him some questions that did not receive a reply I have had no interaction with the gentleman. (if your reading this Jack I would still like a reply if you are a DR. and if not then no worries) One...
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    Weinstein Trading and Fading

    Futures have been a very very bad thing for me at times. It proved to me in no uncertain terms that you can be sooooo right on the money but if your timing is just a little bit off your in a world of hurt. I learned about a place called Tienanmen square in the summer of 1989 when I was short...
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    Weinstein Trading and Fading

    LMAO....gateway trade......lol Its official, POT is going to get a prop vote November in Cali. I would have waited until 2012 when they really need the money and obama running full speed in the land of sunshine trying to get the vote but it should at least be a race if the pot heads dont...
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    Weinstein Trading and Fading

    I thought yesterday was a great day after I closed out the 30Y futures option but today was even better The real amazing thing is the numbers in regards to the number of shares I am trading. I am trading small and will continue to do so until the end of the month. Next month if this month is...
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    Sincerely asking for Help

    blox87, Some of this has been said (either here or many other places in ET) and some you may know so you may be able to skip a few but here is a game plan that I would tell a friend of mine. 1. Read the following books a. Trading in the zone - Douglas b. Art of War - Sun Tsu c. New...
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    Weinstein Trading and Fading

    I closed out the ZB Jun call option. 30 yr Tres Bond Futs 119 call. Thanks to some European countries showing the way to the US in how to piss it all away the market started taking another look at the good old USA debt. +637 I will look to reshort it if it retraces + 975
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    Weinstein Trading and Fading

    Thanks and sorry it didn't work out for you. I took some heat though and traded a lot of size back and forth. I ended up + 116 when it was all done as I tried to short into the close and after hours but only was able to get 200 shares short. I then covered thinking that I didn't want to have...
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    Weinstein Trading and Fading

    My hold over from yesterdays closing short worked out well. I woke up and pulled up ALV and was able to get a nice gain from the drop and closed out in premarket trading. I didn’t get the dead bottom for the day but came close enough. + 181 RDN was active today and I think I traded half...
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    anyone interested in starting local trading groups,or instant messanger groups?Oma,NE

    I am with a group in a non commercial chat room with a focus on trades and not politics beyond normal conversation If your not negative your welcome to join us. PM me details. newbes, retail, prop, futures, and equity traders are all there. Its nice to have multiple sets of eyes and ideas...
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    Weinstein Trading and Fading

    Lots of trades today but at a slower pace than yesterday My carry overs from yesterday worked out well. CNC was my largest and that is one crazy stock. Price moves are very fast at times. I scaled out and even shorted a little before covering. + 135 LVS was a loser yesterday but gave some...
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    Weinstein Trading and Fading

    Pretty good memory but not totally correct. I did not have huge size but I did sell puts that were exercised and I sold calls against the stock. They were called away and the trade worked out great. Yes had I held it would have been more profitable in this one trade but that was not the plan...
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    Even doctors are complaining about healthcare reform

    Actually your not far off the mark. VA doctors often can not prescribe non generic drugs because of the costs. The doctors have to get authorization in many cases and show that they first tried other less expensive drugs first without results even though the more expensive one may be better...
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    Weinstein Trading and Fading

    Lots of trades today and even last night After the house passed the health care bill the spoos and Naz where at the lows of the night and I shorted into it. They both came off their lows and it was getting late so I covered at a loss before I went to bed. They did end up trading lower but I...
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    Whats the point having a NASA like control center?

    Good work NoDoji, Stay focused and get rid of the crap. I have heard of some of these guys with like 10+ monitors as if they think they can watch more than one or two at a time anyway. Robert
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    Weinstein Trading and Fading

    Lots of volume today for me unfortunately IB made more off of my trading today than I did. I did a large volume of Palm today both long and short. I made some on some trades and lost on others. In the end I exited out my long because I did not want to carry overnight. Chance of takeover but...
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    Weinstein Trading and Fading

    HOLD Bros. has a GREAT squawk box. On the big govt number releases and earnings release they almost always beat one other service that I have and when I was testing another service HOLD beat them about as often as not. The others do give more information in terms of non major events though. I...
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